Essent to merge
SHARON — At press time on Sept. 6, The Lakeville Journal was notified that Essent Healthcare, owner of Sharon Hospital, will merge with RegionalCare Hospital Partners of Brentwood, Tenn.Day-to-day operations at the Essent hospitals will be unaffected by the parent-company-level merger, according to a press release sent out by Sharon Hospital on behalf of the merging companies. “RegionalCare is the owner and operator of four market-leading, non-urban hospitals located in Florence, Ala.; Muscle Shoals, Ala.; Ottumwa, Iowa, and Wilmington, Ohio,” the press release said. “Nashville-based Essent is the owner and operator of three market-leading, non-urban acute care hospitals located in Sharon, Conn.; Waynesburg, Pa., and Paris, Texas. “The merger, which is conditioned on customary regulatory reviews and approvals, is expected to close by the fourth quarter of this year. Terms of the deal were not disclosed.”A full article on the merger will appear in the Sept. 15 Lakeville Journal and Millerton News.